As we enter the second week of October, global markets are poised for significant movements driven by central bank decisions, key economic data releases, and geopolitical developments. Here’s a breakdown of the major events to watch:
Monday, 6th October
Australia and China Bank Holidays: Australia observes Labour Day on Monday, 6th October 2025, a public holiday in New South Wales, the Australian Capital Territory, and South Australia. In China, the National Day holiday continues, part of the Golden Week celebrations. However, travel disruptions are anticipated due to Typhoon Matmo, which struck southern China on Sunday, affecting peak holiday travel.
ECB President Lagarde Speech: At 9:00 PM Dubai time, European Central Bank President Christine Lagarde is scheduled to speak at the European Parliament’s ECON Hearing. Her remarks will provide insights into the ECB’s monetary policy stance and economic outlook for the Eurozone.
Bank of England Governor Bailey Speech: At 9:30 PM Dubai time, Bank of England Governor Andrew Bailey is set to deliver a keynote speech at the Scotland Global Investment Summit. His address will focus on financial stability and the challenges facing the UK’s financial system.
Tuesday, 7th October
Canada Ivey PMI: At 3:00 PM Dubai time, Canada will release its Ivey Purchasing Managers Index (PMI) for September. The PMI is a leading indicator of economic activity, and a reading above 50 suggests expansion in the manufacturing sector.
ECB President Lagarde Speech: At 9:00 PM Dubai time, President Lagarde is scheduled to speak again, providing further insights into the ECB’s policy considerations and economic assessments.
Wednesday, 8th October
RBNZ Cash Rate Statement: At 7:00 AM Dubai time, the Reserve Bank of New Zealand (RBNZ) will announce its official cash rate decision. Economists anticipate a 25 basis point cut to 2.75% to support economic growth amid slowing indicators.
US FOMC Meeting Minutes: At 6:00 PM Dubai time, the Federal Reserve will release the minutes from its September Federal Open Market Committee (FOMC) meeting. The minutes will provide detailed insights into the Fed’s policy discussions and economic outlook, which could influence expectations for future interest rate changes.
Thursday, 9th October
US Unemployment Claims: At 6:30 PM Dubai time, the U.S. Department of Labor will release its weekly initial jobless claims data. A decrease in claims would indicate a strengthening labor market, while an increase could suggest potential economic challenges.
Fed Chair Powell Speech: At 9:00 PM Dubai time, Federal Reserve Chair Jerome Powell is scheduled to speak. His remarks will be closely watched for any indications of the Fed’s future monetary policy direction, especially regarding interest rates and economic growth.
Friday, 10th October
Canada Employment Data: At 3:30 PM Dubai time, Canada will release its employment change and unemployment rate data for September. These figures will provide a snapshot of the Canadian labor market’s health and could influence the Bank of Canada’s policy decisions.
US Non-Farm Payrolls and Unemployment Rate: At 4:30 PM Dubai time, the U.S. Bureau of Labor Statistics will release the Non-Farm Payrolls report and the unemployment rate for September. These are among the most closely watched economic indicators, providing insights into the U.S. labor market’s strength and potential implications for future Federal Reserve actions.
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